Question 1 3 out of 3 points If you are a franchisor and you charge a royalty of 5% on revenue and you have franchisees that have revenues of $1 million‚ $2 million‚ $1.5 million‚ and $2.5 million‚ how much would you earn in royalties? Answer Selected Answer: $350‚000 Correct Answer: $350‚000 Question 2 3 out of 3 points If you buy a McDonald’s franchise and agree to pay a royalty fee of 12.5% annually‚ how much money will you owe McDonald’s at the end of a year in which you
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Introduction The main purpose of writing this essay is to explain how a person can be a successful entrepreneur and what makes him successful. In my essay I will study and understand entrepreneur focus on characteristic‚ behaviour and capability by using economical‚ sociological and psychological theories. The five entrepreneurs that I am going to study are as follows: 1) Mr. Dhirubhai Ambani founder of reliance group and also known as business tycoon of India. 2) Mr. Mark Zuckerberg well know
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COUNTRY REPRESENT •Finnish Company •Nokianvirta river Nokia‚ Finland YEAR OF BIRTH Company started in 1865 as wood pulp mill. After 1963 Nokia started producing radio telephone COMPANY PRODUCT Early products: Wood pulp Rubber Cables and Television Main Product: Mobile Phone‚ Smart Phone‚ Mobile Computers‚ etc. FOUNDER OF THE COMPANY •The company was initially founded by Fredrik Idestam in 1865 •But it was later converted into a share company
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Kamuku National Park is mostly a Guinea Savanna region of Nigeria‚ The park is ideal for bird watching with 192 species recorded. The Secretary Bird (Sagittarius serpentarius)‚ Denham’s Bustard (Neotis denhami) and Abyssinian Ground Hornbill (Bucorvus abyssinicus) are all found here. These birds are not usally found in America so enjoy them and take pictures #3- Gahaka Gumit National Park -Address >In the Adamawa region‚ right on the Nigeria /Cameroon Border. Visitors can also reach the park by
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unemployment. In this background‚ self employment is regarded as a cure to generate income .The Planning commission as well as the Indian government recognizes the need for women to be part of the mainstream of economic development. Women entrepreneurship is seen as an effective strategy to solve the problems of rural and urban poverty. Traditionally‚ women in India have been generally found in low productive sectors such as agriculture and household activities. Human Development Report 2004 ranks India 103
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the Civil war‚ the U.S began to make many renovations and entered an era of prosperity known as industrialization. The economy seemed to be doing well due to the advancements brought by industrialization‚ but this wasn’t necessarily the case. Many economic and social issues arose‚ which called for immediate attention. Jane addams attempted to resolve some of these issues by focusing on poverty‚poor living conditions‚low wages‚ and lastly americanizing immigrants.John sinclair however‚shown some light
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THE IMPACT OF NATIONAL POVERTY ERADICATION PROGRAMME (NAPEP) ON ECONOMIC DEVELOPMENT OF NIGERIA (A CASE STUDY OF BWARI MUNICIPAL AREA COUNCIL‚ FCT‚ ABUJA) AYOOLA ISAIAH OLUFEMI REG NO. 51026 A RESEARCH PROJECT SUBMITTED TO CHARTERED INSTITUTE OF ADMINISTRATION IN PARTIAL FULFILLMENT OF THE REQUIREMENT FOR THE AWARD OF DIPLOMA IN BUSINESS STUDIES (DBS) JULY 2010 DECLARATION I declare that this research project work was carried out by me through extensive study and readings and that the relevant
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Malaria is one of the devastating cases in the world‚ It has become a major problem because its spreading in 109 countries. Almost 90% of malaria death comes from Africa‚ around 66% of the people’s lives are in high risk. So in total‚ less than 15% of the global total malaria deaths occur in Asia and Eastern Europe. (author) Why is malaria dangerous? Malaria in humans is caused by many types of parasites but the most dangerous and
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History of Entrepreneurship Worlwide The term entrepreneurship can be traced back to as early as the Middle Ages‚when the entrepreneur was simply someone who carried out tasks‚ such as buildings andconstruction projects by applying all the resources at his disposal. However‚ it was during the16 th century when business was used as a common term‚ and the entrepreneur came intofocus as a person who is responsible for undertaking a business venture. In the 18 th century‚early economists
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THE IMPACT OF THE AGRICULTURAL SECTOR ON NIGERIA ECONOMIC GROWTH PERFORMANCE (1980-2009) ABSTRACT The study set out to ascertain the extent to which Agricultural sector has contributed to the growth of Nigerian economy from 1980 to 2009. As a guide to the study‚ the following hypotheses were formulated: (1) there is no statistical significance between Nigerian agricultural output and real gross domestic product (2) there is no statistical significance relationship between exchange rate fluctuation
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